Vegas Economy Doing Just Fine

All those flashy Vegas resorts weren't built because people came to town and won. They were built thanks to losers, and in August, there were a record number of those:

CARSON CITY, Nev. (AP) - Nevada casinos won $1.06 billion in August, a record for the month, the state Gaming Control Board reported Tuesday.

Frank Streshley, senior research analyst for the board, said the August win was up 7.5 percent compared with the same month a year earlier.

Streshley said the Las Vegas Strip had a big month, with a gain of 14.3 percent, due in part to strong table game action that favored the resorts. He noted the casinos' take from baccarat games was more than double what it was in August 2005.

A word to the uninformed - all action in Vegas favors the resorts. If you want to make a small fortune in Vegas....start with a large one.